FX_IDC:GBPCAD POUND STERLING / CANADIAN DOLLAR
Re-buy on GBPCAD Trifecta Trade
Using the Quick-stop method, this was a losing trade. However, had you not employed the quick-stop and instead rolled-over the trade, this would have been an awesome trade. There is a beautiful Bullish Piercing Line Formation at the back side of the trendline. Previous resistance acting as future support, that coincides with the monthly pivot level. I wish I had been watching this in live time, but I was out to dinner and already stopped out of the trade. MAke a note of this one though as it is a textbook rollover scenario.